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Buyers of Camelot May Not
Cash In When They Sell Stuff

By

Alexandra Peers Staff Reporter of The Wall Street Journal

Updated April 26, 1996 12:01 a.m. ET

NEW YORK -- When it comes to presidential memorabilia, Jack Kennedy was no Abe Lincoln.

As prices soar at the estate sale of Jacqueline Kennedy Onassis at Sotheby's Holdings Inc. in New York, historians and dealers of political memorabilia, porcelain and furniture warn that these prices are a fluke, and paying them may be a folly.

A president's memorabilia is only as viable as his presidency. And whether decades from now...